Monthly archive July, 2014

Talking Points AUDUSD opening range takes shape above key support Scalp bias bearish sub-9440 Event risk on from China, US & Australia AUDUSD Daily Chart Chart Created Using FXCM Marketscope 2.0 Technical Outlook AUDUSD reversal off Fibonacci resistance / weekly key outside reversal last week- bearish Monthly opening Read More →

Talking Points: - EURGBP, GBPCHF post important reversals at recent extremes. - GBPUSD uptrend since mid-June breaking. - See the DailyFX Economic Calendar for Tuesday, July 8, 2014. The British economy heated up at the end of the second quarter, setting the stage for Read More →

Talking Points: British Pound May Pull Back if Industrial Production Data Disappoints Euro Focused on ECB Commentary on Stimulus Expansion Speculation Australian Dollar Outperformed on Firming RBA Outlook in Asia Trade UK Industrial Production figures headline a relatively quiet economic calendar in European hours. Read More →

Talking Points: Dollar Recovery Grows More Difficult with Fed Speakers on Deck Euro Dependency on Volatility Intensifying British Pound and Rate Forecast Strength the Burden of Data to Maintain Dollar Recovery Grows More Difficult with Fed Speakers on Deck The rebound the US Dollar mounted Read More →

Talking Points US Dollar slump to afford gold and silver breathing room Crude oil continues slide on ebbing supply disruption concerns Copper faces volatile week with abundance of China data on tap Gold and silver may continue to keep traders in suspense as their Read More →